These challenges are growing faster than most organizations' abilities to respond: today's complex environment requires an even stronger capability to master and optimize risk management. This is the main finding of a large-scale study of risk conducted by KPMG International, based on a global survey of 1,092 C-level respondents that was deployed by the Economist Intelligence Unit in December 2012. The aim was to find out about executives' perceptions of the risks facing their companies and their sense of how, and how well, their companies and industries are tackling them.